UK forklift sector increases value

News Story
- 25 Jan 2018 ( #856 ) - Stockton on Tees, United Kingdom
1 min read
London's Cannery Row financial hub. (PHOTO: SHUTTERSTOCK)
London's Cannery Row financial hub. (PHOTO: SHUTTERSTOCK)
Forklift financier DLL has been classed as the largest materials handling business in the United Kingdom.

The latest ranking by industry analyst Plimsoll keeps the Dutch-based global vendor finance company, a wholly owned subsidiary of Rabobank Group, in the top spot.

VP, which encompasses UK Forks, Groundforce, Airpac Bukom Oilfield Services, Hire Station, Torrent Trackside, TPA and TR Group, is ranked second.

Briggs Equipment comes in third, followed by Toyota Material Handling UK.

Jungheinrich UK moves from sixth to fifth and Hyster-Yale UK from seventh to sixth, thanks to Linde Material Handling (UK)'s fall from number five to number seven.

Plimsoll notes that the values of UK forklift businesses have increased on average by 5.7% in the last period, but 147 companies failed to increase in value at all.

The report points out that 99 companies have increased in value in each of the last three years.

The Plimsoll findings can be seen here.
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Previously about:
Small UK companies in difficulty, study says News Story - 17 Jun 2010 - Stockton, United Kingdom - 1 min read
Recession cost UK forklift industry GBP344M News Story - 17 Dec 2009 - Stockton, United Kingdom - 1 min read
New report reveals opportunities in the UK forklift market News Story - 26 Mar 2009 - London, United Kingdom - 1 min read
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PREMIUM business

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Words of support …

These releases in Forkliftaction are a nice experience for SNDC... We got seven inquiries coming from Canada, USA, Mexico, Israel and Australia (five from retailers, two from machines manufacturers) and we are still in contact with them. I can state that's a success story!

David Massat, Sales Director OEM and Export

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

IMHX is just around the corner – plan your trip with our exhibitor preview:

⇒ Crown Lift Trucks' WJ 50 Series - for heavy loads in tight spaces
⇒ ZoneSafe's Vehicle to Person Alert Proximity Warning System
⇒ Exotec's Skypod - Automated Storage and Retrieval System (AS/RS)
⇒ GemOne's Sapphire - for complete fleet and safety management
See the full list of materials handling products

Are you exhibiting at IMHX?  [Reach out today for your free listing]

PREMIUM business

Noblelift
Global leader and manufacturer of high quality electric, lithium-ion, and IC material handling equipment.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

IMHX is just around the corner – plan your trip with our exhibitor preview:

⇒ Crown Lift Trucks' WJ 50 Series - for heavy loads in tight spaces
⇒ ZoneSafe's Vehicle to Person Alert Proximity Warning System
⇒ Exotec's Skypod - Automated Storage and Retrieval System (AS/RS)
⇒ GemOne's Sapphire - for complete fleet and safety management
See the full list of materials handling products

Are you exhibiting at IMHX?  [Reach out today for your free listing]

Inside The News
In our feel good story for the week, we report on a donation from Wisconsin-headquartered Big Forklifts to the University of Wisconsin-Madison’s College of Engineering, after discovering the institution was still using one of its 1960s walkie stackers... Continue reading

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